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Country Report Yemen March 2011
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HTMLOutlook for 2011-12: Forecast summary
| Forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2009a | 2010b | 2011c | 2012c | |
| Real GDP growth | 3.8b | 6.2 | 3.0 | 2.8 |
| Oil production ('000 b/d) | 287 | 270 | 248 | 228 |
| Crude oil exports (US$ m) | 4,244b | 4,953 | 4,893 | 3,851 |
| Consumer price inflation (av) | 5.4 | 11.2 | 13.3 | 11.6 |
| Deposit rate | 10.0 | 18.0 | 18.0 | 18.0 |
| Government balance (% of GDP) | -9.4b | -5.1 | -5.3 | -6.4 |
| Exports of goods fob (US$ bn) | 5.9 | 7.6 | 8.2 | 7.4 |
| Imports of goods fob (US$ bn) | 7.9 | 8.3 | 8.9 | 9.1 |
| Current-account balance (US$ bn) | -2.6 | -1.9 | -2.0 | -2.5 |
| Current-account balance (% of GDP) | -8.6 | -5.8 | -5.6 | -6.6 |
| External debt (end-period; US$ bn) | 6.6b | 6.8 | 7.3 | 8.0 |
| Exchange rate YR:US$ (av) | 202.8 | 219.7a | 227.6 | 251.4 |
| Exchange rate YR:US$ (end-period) | 207.3 | 213.8a | 243.0 | 257.0 |
| Exchange rate YR:¥100 (av) | 216.5 | 249.6a | 276.2 | 305.2 |
| Exchange rate YR:€ (av) | 282.6 | 291.3a | 284.5 | 301.7 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | ||||
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